Enable has raised an oversubscribed $94M Series C funding round led by Insight Partners with participation from Lightspeed Venture Partners, SE Ventures, PSP Growth and HarbourVest Partners.

Enable is a startup developing a cloud-based software tool for business-to-business rebate management. Its technology automates how distributors and manufacturers create, execute and track rebates. These types of trading programs are a common industry practice and are relied on by distributors as a way to turn a profit.